topic Was asked to repay employment benefits but still waiting on an appeal? in Get your taxes done using TurboTax

Was asked to repay employment benefits but still waiting on an appeal?

Caity126 — Mon, 08 Mar 2021 20:27:39 GMT

Already received my 1099, but the next step in filing my taxes is where it asks me if I had to repay UI but I'm still waiting to find out if I have to or not. What should I do?

Re: Was asked to repay employment benefits but still waiting on an appeal?

MaryK4 — Mon, 08 Mar 2021 21:20:30 GMT

If you do not have a final determination, you will want to report the income this year. If you have to pay back the benefits,, you will be able to deduct the amount repaid on Schedule A, if you itemize deductions and if the amount is more than $3,000.

Re: Was asked to repay employment benefits but still waiting on an appeal?

Caity126 — Mon, 08 Mar 2021 21:43:53 GMT

Ok thank you! But where it asks me if I was required to pay back should I say yes or no? Also, regardless if I had to repay or not wouldn't I be reporting it anyway?

Re: Was asked to repay employment benefits but still waiting on an appeal?

ToddL99 — Tue, 09 Mar 2021 15:44:11 GMT

Answer "No" when it asks if you were required to pay it back. You haven't paid it back and may not have to.

If you lose your appeal and have to pay it back, you can amend your 2020 return to report that event.

Here are instructions how to amend your 2020 return.